Posted by: Chris Palmeri on July 31

"No signs of a turnaround," says Robert J. "Irrational Exuberance" Shiller in announcing the May results for his national home price survey. The S&P/Case-Shiller 10-City Index showed an annual decline...

Posted by: Chris Palmeri on July 25

Some more nuggets from Countrywide Financial’s three hour long conference call with investors yesterday. The company says the recent spike in loan losses is not--as widely expected--due to adjustable rate...

Posted by: Chris Palmeri on July 24

Angelo Mozilo usually doesn’t mince words. But the billionaire founder of Countrywide Financial certainly is trying to deflect criticism as his company reported its worst earnings results in years. Countrywide...

Posted by: Peter Coy on July 10

Posted by: Peter Coy on July 10

BusinessWeek's headquarters are in this quaint little structure in midtown Manhattan. But just because I work here doesn't mean I understand the stupefyingly strong local housing market. Manhattan seems to...

Posted by: Peter Coy on July 10

Posted by: Chris Palmeri on July 06

The nation’s leading financial regulators, including the Federal Reserve and the Federal Deposit Insurance Corp, released their long-debated guidance on sub-prime mortgage lending on June 28. You can read the...

Posted by: Dean Foust on July 01

Actually anyone who buys this house is paying cash. Serious cash. And there are probably less than a thousand people who can afford. News from the Aspen Times is that...

About

BusinessWeek editors Chris Palmeri, Prashant Gopal and Peter Coy chronicle the highs and lows of the housing and mortgage markets on their Hot Property blog. In print and online, the Hot Property team first wrote about the potential downside of lenders pushing riskier, "option ARM" mortgages and the rise in mortgage fraud back in 2005—well ahead of many other media outlets. In 2008, Hot Property bloggers finished #1 in a ranking of the world's top 100 "most powerful property people" by the British real estate website Global edge. Hot Property was named among the 25 most influential real estate blogs of 2007 by Inman News.